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An announcement from Latrobe Magnesium Limited ( (AU:LMG) ) is now available.
Latrobe Magnesium Limited has notified the market of the cessation of 3,000,000 listed options (LMGAE), which expired unexercised on 5 January 2026, having carried an exercise price of $0.10 and an original expiry date of 22 December 2025. The expiry of these options without conversion marginally reduces the company’s potential future share dilution and clarifies its capital structure for investors, but does not involve any immediate cash inflow or operational change for the business.
The most recent analyst rating on (AU:LMG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Latrobe Magnesium Limited stock, see the AU:LMG Stock Forecast page.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited, listed on the ASX under the code LMG, operates in the resources sector with a focus on magnesium production and related projects, targeting industrial end‑markets that rely on lightweight metals and specialty materials.
Average Trading Volume: 8,442,678
Technical Sentiment Signal: Sell
Current Market Cap: A$62.56M
Find detailed analytics on LMG stock on TipRanks’ Stock Analysis page.